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2018 (3) TMI 2015 - AT - CustomsValuation of the stock lot of printing paper imported - no available price of contemporaneous goods even in NIDB data - NIDB data can be made the sole basis for rejection of the transaction value or not - HELD THAT:- In terms of import of stock lot goods, admittedly the price is a negotiated price and agreed upon by the importer and the supplier. The same has to be first rejected by the Customs authority by production of evidences which are positive and cogent. There being no such evidence in the present case to discard the transaction value, the Revenue's contention of NIDB data cannot be allowed to be justifiable. There are no merits in the Revenue's stand - the impugned order is set aside - appeal allowed.
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